Provenza Residences: Apartments in JVC's District 14, Starting at AED 660K
IKR Development launched Provenza Residences in Jumeirah Village Circle in July 2025. Construction and bookings opened simultaneously in the first two days of that month. The project sits in District 14, one of several residential pockets within the circle. Delivery is scheduled for September 2027, placing Provenza about 26 months from handover for buyers entering now.
Jumeirah Village Circle: What the Location Delivers
JVC sits roughly midway between Dubai Marina and Downtown Dubai, with direct access to Sheikh Mohammed Bin Zayed Road and Al Khail Road. Business Bay is roughly 20 minutes by car. Dubai Marina and JBR are under 15 minutes. Dubai International Airport is about 25 to 30 minutes depending on traffic.
District 14 is within the main residential grid of the community. Both arterials put Business Bay, Downtown, and the Marina within practical commuting range for residents.
Studios from AED 660K, One-Bedrooms at AED 950K
The published range is AED 660,000 to AED 950,000. Four unit configurations are in the building:
- Studio: 399 sq ft, from AED 660,000 (approx. AED 1,650/sq ft)
- 1-bedroom: 684 sq ft, from AED 950,000 (approx. AED 1,389/sq ft)
- 2-bedroom: 1,191 sq ft
- 2-bedroom with private pool: 1,641 sq ft
The studio at AED 660K is the lowest ticket into the building. At 399 sq ft, it suits investors or first-time buyers entering at the sub-AED 700K price point. The one-bedroom at AED 950K takes the top of the published range, targeting buyers who need more floor space but want to stay under a million. The two-bedroom with a private pool at 1,641 sq ft is the owner-occupier option: outdoor water access without paying for a waterfront address.
Getting In for 20%
| Milestone | Option 1 | Option 2 |
|---|---|---|
| Down payment | 20% | 20% |
| During construction | 40% | 40% |
| At handover | 40% | 10% |
| After handover | 30% |
Two payment plans are on offer. Both require 20% down at signing and 40% across the construction period, which runs approximately 26 months. The split comes at handover. Option 1 puts the full remaining 40% at completion, settling the purchase on the handover date. Option 2 reduces the handover payment to 10% and pushes the final 30% into the post-handover period.
Both plans start with the same 20% entry. Option 1 clears the balance at handover. Option 2 gives buyers room past the completion date, spreading that 30% over time after the keys are handed over.
What Nine Amenities Say About Provenza
| Category | Amenities |
|---|---|
| Wellness | Gymnasium, Indoor Swimming Pool, Jacuzzi & Steam, Yoga Room, Shared Spa |
| Community | Cinema, Leisure Lounge, Barbecue Area |
| Family | Children's Play Area |
Nine amenities covering wellness, community, and family use. The wellness component runs deep: gym, indoor pool, jacuzzi, steam room, yoga room, and a shared spa. That is six wellness facilities under one roof. A private cinema and leisure lounge add social in-building spaces. The barbecue area and children's play area extend the offering outdoors.
The amenity set points to a developer targeting both families and working professionals. The spa, cinema, and lounge serve residents who want social and wellness space on-site. The children's play area and barbecue area are family markers. The overall package indicates an owner-occupier-oriented development.
Off-Plan Timeline: Completion Expected September 2027
Construction began July 2, 2025. The expected handover is September 30, 2027, roughly 26 months from groundbreaking. Buyers entering today take an off-plan position early in the construction cycle. The defined September 2027 date gives a clear point for mortgage timing and financial planning around completion.